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Group Practice vs Hospital

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In-House Human Resources vs Outsourced

Your growing medical practice needs a Human Resources Department to manage important areas of your business such as hiring, payroll, benefits, and interpersonal company relationships.

The decision to outsource your HR needs or hire a dedicated, in-house HR professional isn’t easy – both options have their advantages and disadvantages.

An in-house HR department will be intimately familiar with your practice’s workplace culture.

They will be on hand to deal with issues as they arise and support you and your employees in the face of conflicts.

But hiring a full-time HR employee or team can be an expensive option for smaller, growing practices.

Paying the taxes and benefits necessary when adding another team member may not be realistic for your budget.

An outsourced HR company provides cost-savings with a wider variety of services and expertise.

Many HR companies have access to advanced software programs they will use to manage important aspects of your practice. Work with them, and you’ll reap the benefits of these technologies without having to purchase them yourself.

However, an HR company will not be familiar with the day-to-day workings of your practice. Should a dispute between employees arise, it may be challenging for them to mediate as complete outsiders.

Only you can decide what’s right for you practice. Whichever option you choose, make sure the HR company and your staff are well-versed in HR policies and understand how best to utilize the services of the HR department.

To learn more about doctor credentialing, insurance, coding, outsourcing, and everything you need to establish a successful healthcare practice, follow all of Sherlock Doc’s adventures on the DoctorsBusinessNetwork.com or Doctors Business Channel on YouTube!.

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